Prudential edges up after report it's exited Asia AIG talks

LONDON (MarketWatch) -- Shares of Prudential plc
PRU, -2.06%PUK, -2.10%
opened higher in London on Monday following a report that it has exited the bidding for AIG's
AIG, -0.35%
Asian operations. The Sunday Times (of London) reported that Prudential came to the conclusion that the price tag of up to $20 billion was too high, as it wasn't willing to spend more than $10 billion. Prudential plc is not related to the U.S. insurer of the same name.

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